Jefferies Financial Group Has Lowered Expectations for Boku (LON:BOKU) Stock Price

Boku (LON:BOKU) had its price objective reduced by equities researchers at Jefferies Financial Group from GBX 334 to GBX 311 in a research note issued to investors on Thursday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 83.07% from the company’s current price.

A number of other research analysts have also recently commented on BOKU. Berenberg Bank reissued a “buy” rating and issued a GBX 300 target price on shares of Boku in a report on Thursday, January 22nd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 324 target price on shares of Boku in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 310.75.

Boku Price Performance

Boku stock traded down GBX 7.12 on Thursday, reaching GBX 169.88. The company’s stock had a trading volume of 3,874,673 shares, compared to its average volume of 1,004,716. The business’s fifty day moving average price is GBX 202.64 and its 200 day moving average price is GBX 215.12. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.38 and a current ratio of 1.28. The company has a market cap of £498.03 million, a price-to-earnings ratio of 33.98 and a beta of -0.11. Boku has a twelve month low of GBX 144 and a twelve month high of GBX 250.

Insider Activity at Boku

In other Boku news, insider Jonathan Peter Prideaux sold 250,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of GBX 213, for a total transaction of £532,500. Insiders sold a total of 1,000,000 shares of company stock worth $219,850,000 over the last quarter. Company insiders own 5.63% of the company’s stock.

Boku Company Profile